Business Standard

T-Hub,UTC launch Innovation Challenge for startups in

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Press Trust of India Hyderabad
:T-Hub, a startups incubator and United Technologies Corp, an aerospace and building technologies company on Monday announced the launch of the UTC Innovation Challenge for startups.
Startups working on computer vision technology and predictive analytics to develop new products and services specifically for the aerospace industry can participate in the challenge, an official release said.
Shortlisted startups in the challenge will receive support from technical subject matter experts and business mentors across T-Hub and UTC, it said.
Both the organisations would also guide the selected startup applicants through the proof-of-concept phase.
In addition, the startups will get direct access to T-Hub's ecosystem of mentors, industry experts, investors and service providers, the release said.
Ravi Narayan, CEO of T-Hub, said the launch of the UTC Innovation Challenge would provide scaling opportunity for startups looking to expand across geographies.
"In addition, with this challenge T-Hub and UTC have further strengthened their partnership in the corporate innovation space," he said.
"As we continue on our digital journey, it's important for us to engage the startup community and bring outside thinking into our product development work that can accelerate the creation of new offerings for aerospace," Limor Spector, UTC Executive Director of Ventures and Alliances said.

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First Published: Sep 30 2019 | 6:25 PM IST

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